Inflation Luxembourg 2009
Average inflation: 0.4%
Inflation in 2009
Inflation is very low at 0.4%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 1.8%. The lowest inflation was in July at -0.7%.
- Highest month
- December: 1.8%
- Lowest month
- July: -0.7%
- Difference
- 2.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Recreation and culture with an average of 5.3%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -2.6%.
- Highest increase
- Recreation and culture: 5.3%
- Lowest increase
- Housing, water, electricity, gas and other fuels: -2.6%
Historical Context
Inflation is 1.9 percentage points lower than the 5-year average of 2.3%. This approaches the lowest level since records began (0.4% in 2009).
- 5-year average
- 2.3%
- 10-year average
- 2.4%
- All-time high (2008)
- 3.4%
- All-time low (2009)
- 0.4%
Trend
Over the period 2007-2009, inflation shows a downward trend. Compared to 2008, inflation has fallen by 3.0 percentage points.
- Change vs. previous year
- -3.0 percentage points
- Largest monthly swing
- July: -5.6 percentage points
ECB Target
Inflation is 1.6 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 0.5% | -2.8 |
| February | 1.2% | -1.9 |
| March | 0.3% | -3.2 |
| April | 0.3% | -3.2 |
| May | -0.3% | -4.3 |
| June | -0.3% | -4.6 |
| July | -0.7% | -5.6 |
| August | 0.2% | -3.8 |
| September | 0.0% | -4.0 |
| October | 0.1% | -3.2 |
| November | 1.3% | -0.7 |
| December | 1.8% | +0.7 |
| Average | 0.4% |
Data source
Data from OECD. Last updated: 13/01/2026.